Tag: BYD
Tesla rival BYD sees EV profits fall, US probes Ford’s hands-free tech
Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and a price war in the world's largest car market. The firm said it made $630m (£502m) in the first three months of the year, more than 47% lower than the previous quarter. BYD has been…
Tesla rival unveils Electric Supercar, more Universal Music leaving TikTok
BYD has launched an all-electric supercar that can hit 60 miles per hour (mph) in under three seconds, as the Chinese start-up seeks to challenge luxury brands such as Ferrari and Lamborghini. The Tesla rival’s Yangwang U9, which will initially go on sale in China with a price tag of 1.68 million yuan (£184,000), has…
Half of teens addicted to social media, clamp down on ‘tax-free’ side hustles
Almost half of British teenagers say they feel addicted to social media, according to findings that come amid mounting pressure for big tech companies to be held accountable for the impact of their platforms on users. The finding, from the Millennium Cohort study, adds to evidence that many people feel they have lost control over…
